A New York Times investigation reveals the U.S. Mint has been purchasing gold from questionable sources, including traces linked to Latin American drug cartels, which is then refined and sold to consumers under ‘American-made’ labels.
Trump’s proposal for the federal government to directly acquire bankrupt Spirit Airlines has sparked strong opposition from Republican lawmakers, who argue it violates free market principles.
Amid escalating geopolitical tensions and economic uncertainty, institutional investors are increasingly buying BlackRock’s Bitcoin ETF options as a new tool for hedging global portfolio risk.
The Trump administration sanctioned Hengli Petrochemical’s independent refinery in China for purchasing billions of dollars worth of Iranian oil, alongside sanctions on approximately 40 shipping companies operating in Iran’s shadow fleet.
Nvidia shares hit a record close, pushing the company’s market capitalization above $5 trillion once again, driven by relentless demand for AI chips.
Due to recent weak employment data, markets widely expect the Federal Reserve to cut rates by 25 basis points at the June meeting, with the probability priced in federal funds rate futures rising to 78%.